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Trendbasedfib

Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price is moving in a triangle and is getting closer to leaving it. Let's start with the support line and as you can see the first support in the near future is $1562, if the support is broken then the next support is $1542, $1515 and $1480. Now let's move to the resistance line, as you can see the first resistance is $1583, if you manage to break it, the next resistance will be $1600, $1615 and $1630. Looking at the CHOP indicator, we see that there is some energy left for further movement, the MACD indicates entering a local downtrend, while the RSI shows a rebound and a downtrend.
by cryptodailyuk
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support in the near term is $22972, if the support is broken the next strong support is at $22439. Now let's move to the resistance line, as you can see the first resistance is $23211, if you manage to break it the next resistance will be $23430, $23605 and $23780. Looking at the CHOP indicator, we see that most of the energy has been used up, the MACD is close to entering a local uptrend, while the RSI indicator is moving at the upper end of the range, which may indicate a small correction.
by cryptodailyuk
1
Daily review of ETH interval 4HNow let's move on to the ETH chart, but this time we will check what the situation looks like considering the one-day interval. Let's start by marking with a yellow line, the uptrend line that the price has broken below. Let's move on to identifying the places of support for the ETH price, if the correction is deepened. As we can see with the Trend Based Fib Extension tool, the first support in the current situation is at $1507, the second support is at $1401 and the third support is at $1294. At this point, it is also worth paying attention to the EMA Cross 10 and 30, as we can see the EMA Cross 10 crossed the green EMA Cross 30 lines from above, which confirmed the entry into the local downtrend. Now we can move on to checking the resistances that ETH will have to face in order for the price to continue to grow. As with support, we will use the Trend Based Fib Extension tool and here we have the first resistance at the price of $ 1561, which rejects the price, then we can mark the resistance zone from $ 1607 to $ 1659, when the zone is broken and positively tested, we will be able to go towards resistance at $1697 and then $1804. Going further, it is worth looking at the volume where we see a significant predominance of red candles, which indicates greater power on the part of the sellers. The CHOP index indicates depleted energy, the MACD indicates a local downtrend, while the RSI shows a strong rebound, we are currently moving at the lower limit, which may indicate a temporary sideways trend or a temporary price increase.
by cryptodailyuk
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $22512, if the support is broken then the next support is $22329 and $22098. Now let's move to the resistance line, as you can see the first resistance is $22661, if you manage to break it, the next resistance will be $22765, $22873 and $23022. Looking at the CHOP indicator, we see that we have a lot of energy for a new move, the MACD indicates a local downtrend, while the RSI shows a further rebound, which is healthy in the long run.
by cryptodailyuk
1
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the four hour timeframe. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $1612, if the support is broken then the next support is $1590, $1569 and $1539. Now let's move to the resistance line, as you can see the first resistance is $1628, if you manage to break it, the next resistance will be $1653, $1675 and $1696. Looking at the CHOP indicator, we see that there is a lot of energy for the next move in the four-hour interval, the MACD indicates a local downtrend, while the RSI also shows a rebound.
by cryptodailyuk
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $16766, if the support is broken then the next support is $16671 and $16597. Now let's go to the resistance line, as you can see the first resistance is $16898, if you manage to break it, the next resistance will be $16984, $17054 and $17122. Looking at the CHOP indicator, we see that in the 4-hour interval we still have energy for the next move, the MACD confirms the local uptrend, but the RSI is in the upper part of the range, which may indicate a small correction.
COINBASE:BTCUSD
by cryptodailyuk
1
BTC/USD - Cycle Patterns and the next Crypto Bull-runUsing Sine-waves, we can clearly see that BTC/USD has followed a Cycle Pattern of 8-Bars so around 1461 days to achieve a new maximum ATH Candles before a cycle back downwards. Note that each half cycle is between 730-731 days. If this cycle pattern is correct, we can expect the next maximum BTC ALL TIME HIGH to be achieved anywhere around the 6 Month Candle starting on Tuesday 1st July 2025 before a cycle back downwards. I have added Fib Re-tracement Levels so you can see that BTC needs to CLOSE this 6 month Candle ABOVE the 0.236 Fib level at $16,256. Note that I am talking about a NEW maximum ATH before a cycle back to the downside. As an example, you can see from Monday 1st July 2019 to Thursday 1st July 2021 multiple ATHs can be achieved and broken so i am talking about the next maximum ATH before a cycle back to the downside. So according to this Cycle Pattern, technically the next Crypto Bull-run should start anywhere on the 6 Month Candle that starts at Saturday 1st July 2023. But one thing we should factor in is that the world is already in a Recession and possibly heading into a depression. So the next Crypto Bull-run could start later as it has on other cycle pivots. So technically it could also start anywhere on the 6 Month Candle starting Monday 1st January 2024. As a worst case scenario, and depending on how bad inflation gets then we could end up seeing a full 8-Bar cycle to July 2025 that is downwards. Again this is all my opinion so I hope this chart is helpful to your trading and hodl-ing.
BITSTAMP:BTCUSD
by TradingThroughTheLens
2
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with setting the support line and as you can see the first support that currently defended the price is $16585 at 0.718 FIB, if the support is broken then the next support is $16457 and $16080. Now let's go from the resistance line, as you can see the first resistance is $16752, if you manage to break it, the next resistance will be $16871, $16964 and $17058. Looking at the CHOP indicator, we can see that in the 4-hour interval, energy was used for a sudden correction, but some was left for the next move. The MACD indicates the entry into a local downtrend, while the RSI rebounded, but there is room for a deeper correction.
by cryptodailyuk
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on the four hour timeframe. As you can see, the price is moving below the uptrend line. As we can see the previous support at $16583 is still price support, the next support is at $16098 and $15471 at the previous low. Now let's move on to the resistance line, as you can see the first resistance is $17066, if you manage to break it, the next resistance will be $17325 and $17571 at 0.61Fib. Looking at the CHOP indicator, we can see that in the four-hour interval, most of the energy has been used, the MACD indicates a local uptrend, while the RSI we could see that despite the price went lower in the first correction, the RSI did not see a deeper low, which is often a sign of a trend change.
by cryptodailyuk
4
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on the four hour time frame. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support in the coming hours is $16697, if the support is broken then the next support is $16667, $16640 and $16601. Now let's move on to the resistance line, as you can see the first resistance is $16753, if you manage to break it, the next resistance will be $16793, $16832 and $16888. Looking at the CHOP indicator, we see that in the four-hour interval we have a lot of energy for the next move, and the MACD confirms the local uptrend.
by cryptodailyuk
FTM / USDT 1D Interval - Targets and StoplossHello everyone, let's look at the 1D FTM to USDT chart as you can see that the price is moving below the local uptrend line. Let's start by setting goals for the near future that we can take into account: T1 = $0.2091 T2 = $0.2193 T3 = $0.2277 T4 = $0.2355 and T5 = $0.2473 Now let's move on to the stop loss in case the market goes down further: SL1 = $0.2019 SL2 = $0.1854 and SL3 = $0.1644 Looking at the CHOP indicator, we see that most of the energy has been used on the 1D interval, the MACD indicator indicates that we are moving in a local downtrend.
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by cryptodailyuk
1
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the four hour time frame. As you can see, the price is moving below the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $1170, if the support is broken then the next support is $1152, $1137 and $1122. Now let's go from the resistance line, as you can see the first resistance is $1182, if you manage to break it, the next resistance will be $1199, $1212 and $1225. Looking at the CHOP indicator, we see that in the four-hour interval, the energy is gaining strength, the MACD indicates entering a local uptrend, while the RSI is at the lower limit, which may indicate a small price rebound.
by cryptodailyuk
1
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on the four hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support on which the price is currently based is $16663 equal to 0.78 Fib, if the support is broken then the next support is $16419 and $15742. Now let's move to the resistance line, as you can see the first resistance is $16881, if you manage to break it, the next resistance will be $17107, $17281 and $17462. Looking at the CHOP indicator, we see that in the four-hour interval, the energy starts to bounce back from the bottom very slowly, the MACD confirms the downtrend, while the RSI is also at the bottom. The indicators presented may indicate a respite.
by cryptodailyuk
1
What next for ETH?Hello everyone, I invite you to review the ETH/USDT chart on a 1-day interval, as you can see, the price has been moving in the downtrend channel for a long time. It is important that we are currently in the support zone which lasts from $1325 to $1129. If the price does not stay in this zone, we can see a drop even to around $883. However, if the market reverses the course of the movement and new increases begin, first we will have to positively test the current support zone, then we can go towards the zone from $ 1553 to $ 1661, only overcoming this resistance will open the way towards $ 1827 and $ 2030. What's more, with the help of the Trend Based Fib Retracement tool, we can mark two smaller support points for the price when the price continues to go down, and here we have support at $ 1021 and $ 964. Now take a look at the CHOP index, where we see a lot of energy, MACD indicates that we are on the verge of entering a downtrend, while the RSI shows room for a larger price correction.
by cryptodailyuk
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $16977, if the support is broken then the next support is $16840, $16652 and $16418. Now let's move on to the resistance line, as you can see we first have resistance at $17245 which was already strong price resistance before but if we manage to break it the next resistance will be $17468, $17647 and $17823. Looking at the CHOP indicator, we see that in the 4-hour interval we see that most of the energy is exhausted, the MACD confirms the local downtrend, while on the RSI we are quite low, we can expect a local sideways trend.
by cryptodailyuk
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price has fallen below the local uptrend line. Let's start with the support line and as you can see the first strong support is at $17199, if the support is broken then the next support is $17044 and $16924. Now let's go from the resistance line, as you can see the first resistance is $17702, if you manage to break it, the next resistance will be $17919, $18097 and $18276. Looking at the CHOP indicator, we see that in the 4-hour interval, the energy begins to gain strength, the MACD indicator confirms the local downtrend, while the RSI shows a rebound, but we are still around the middle of the range, which may indicate a continuation of the correction.
by cryptodailyuk
COTI / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's look at the 4H COTI to USDT chart as you can see that the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can take into account: T1 = $0.0686 T2 = $0.06943 T3 = $0.07013 T4 = $0.07077 and T5 = $0.07176 Now let's move on to the stop loss in case the market goes down further: SL1 = $0.0675 SL2 = $0.06638 and SL3 = $0.06494 Looking at the CHOP indicator, we see that the energy is gathering more and more strength on the 4H interval, while the MACD indicator indicates a local downtrend. It is also worth adding that we have a rebound on the RSI.
by cryptodailyuk
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has been moving in the uptrend channel marked with blue lines for a long time, we can see attempts to exit the channel downwards, however, the price defended itself and quickly started to go up. Let's start with setting the support line and as you can see, the price has moved back to around 0.61 Fib, which is a strong support at $ 17,705, if the support is broken, the next support is $ 17,624, $ 17,513 and $ 17,220, which is also very strong support as before was a strong resistance for the price. Interestingly, we can now mark the first, second, third and fourth wave we are currently in, interestingly, there is no divergence, does this mean that we can see the fifth wave? Now let's move on to the resistance line, as you can see the first resistance is at $17884, if you break it, the next resistance will be at $18045, the third resistance is at $18183 and the fourth at $18813. Please take a look at the CHOP index which indicates that the energy has been used on the four-hour interval, while on the RSI we see that we are very high which often indicates a price correction.
by cryptodailyuk
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $16960, if the support is broken then the next support is $16900, $16852 and $16804. Now let's move on to the resistance line, as you can see the first resistance is $17032, if you manage to break it, the next resistance will be $17130, $17210 and $17292. Looking at the CHOP indicator, we see that in the 4-hour interval some of the energy has been used, the MACD indicates that we are moving in a downtrend.
by cryptodailyuk
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has moved sideways from the local downtrend line. Let's start with the fact that the price shot up and immediately reached the place of 0.61 Trend-Based Fib Retracement, but quickly returned to the starting place, so again we can consider the previous places as valid resistances and so we have the first resistance at the price of $ 17185, the second at $17,216, the third at $17,241 where the price reversed, then $17,267 and $17,303. Only when BTC overcomes these resistances and then positively tests them will we be able to move on. Now let's move to the support line, as you can see in the coming hours we have the first resistance at $17159, if the price goes lower, the next resistance is $17131, $17088 and $17037. Looking at the CHOP indicator, we see that in the 4-hour interval we still have a lot of energy for the next move, the MACD indicator indicates a local downtrend, while on the RSI we are quite high, however, the place where we are may indicate a sideways trend.
by cryptodailyuk
1
LUNAUSDT - 4H Interval - Targets and StoplossHello everyone, let's look at the 4H LUNAUSDT chart as you can see that the price is moving in the uptrend channel, however it has locally moved sideways from the uptrend line in the channel. Let's start by setting goals for the near future that we can take into account: T1 - $1.6663 T2 - $1.6928 T3 - $1.7154 T4 - $1.7373 and T5 - $1.7694 Now let's move on to the stop loss in case the market goes down further: SL1 - $1.6464 SL2 - $1.6114 SL3 - $1.5821 SL4 - $1.5533 and SL5 - $1.5145 Looking at the CHOP indicator, we see that the energy is strongly charged on the 4H interval, the MACD indicator indicates entering a local uptrend, while the RSI shows that despite we are high, we have room for further growth, but it is worth keeping the SL.
by cryptodailyuk
1
ADA/USDT 1D INTERVAL - Resistance and SupportThe last one in today's ranking is the ADA chart, this time on a four-hour interval. As we can see, in the first place, we can mark the uptrend channel in which the price is moving, what's more, we are currently at the lower limit of this channel. Now, using the Trend-Based Fib Extension tool, we see that we currently have the first support in the coming hours at $0.311, but if it breaks, we have another support at $0.308, then at $0.306 and $0.303. Looking the other way, we can mark resistance points for the price in the same way, and so we have the first resistance at $ 0.314, from which the price has already fallen once, then we have resistance at $ 0.318, the next at $ 0.321 and the next at $ 0.325 . In addition, locally, we can mark the downtrend line under which the price is currently located. On the CHOP index we see very charged energy, MACD confirms that we are in the local uptrend, while on the RSI we are below half, which indicates that at the turn of several hours we have room for increases.
by cryptodailyuk
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